Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1887-06-01
Staunton Markets.
SPECTATOR OFFICE,
Staunton, Va, May 81. 1887.

Staunton, Va, May 81, 1887. !
Wheat and wool offerings continue fairly &C.
tive. The first, firm at the quotations of last
week, and the latter, with an advance to %
cents per pound. Medium woods are active in
all the leading markets.
Last week reference Was made to the great
wheat dear' now in the course of maturity
The Prairie (Chicaoo) Farmer speaks OF it as the
largest ever known in the world. The large
purchases going on in Chicago are apparently
rom Cincinnati but the operators are in San
Francisco, New York and London. and the
Standard Oil Company is credited with having
| hand in it. 1t is believed that the ring have
now under their control &C, 1000. 900 bushels, and
as wheat certificates are first-class colaterals,
the demand which has thus been made on the
| Chicago money-market has created strin-
gency, and rates of interest there are high for
| the season.
In the face of what is stated above, the foreign
| markets areInot active, and not infrequently
wheat and -four are reported in poor demand.
AS there are but small reserves in the ex-
porting countries other than the United States,
those who are managing the Conner under
| stand that matter, and can shape their action
to suit the circumscribed openings to which
England, France. &C., most look for relief
| when the pinch comes.
The suggestions of last week are continued,
| If the present prices are not satisfactory, the
chance for rise is under the control of the
Clique" which has to be considered. Every
| bushel of surplus should be kept ready to take
quick advantage of an advance. 1t is general
| ly supposed that the manipulators will hold
on till a better idea can be formed of the grow
| ing crop, and if that should be moderate in
| yield, the deal may be carried on through the
| next season.
| Coffee continues to advance.
| There are no changes to note in butter, eggs.
and other table supplies from the country.
| Baltimore Livestock Market, May &c.
AT CALvERToN YARDS.
Cattle are sold at these figures liUe weight. Hogs
sold at net aoetgh, that is 20 per cent (gener-
allg) off, from ire aoeight; Sheep are sold gross.
| that is ttve aoeight, or nothing off,
| Beef Cattle.-Prices of Beef Cattle ranged as
| follows:
Best..... rs @5O0
Generally rated first qualify. so @475
Medium or good fair quality....,. 375 @ 4 so
Ordinary thin Steers, Oxen and
- % % ss1 no
Most of the sales were from....... 25 @4T5
| Total receipts for the week 1897 head. Total
| sales for the week 722 head.
| All the dealers report the market as very
| dull, and prices fully nc lower than they We're
| last week, more particularly on the medium
and top grades, Of which large majority OF
the offerings consisted. The quality through,
out averaged much better than the very good
| offerings last Thursday. Avery mean mark
| ct" was the universal opinion.
| Sheep and Lambs-There has been a fair sup
ply of Sheep and Lambs on the market, but
| the quality of the offering does not average as
good as last weeS. Trade was active ana ana
| the state of trade was sluggish and prices
| lower. We now quote Sheep at 213a4l4c per 10
gross. Receipts 5505 head.